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109 Waiko Rd

8.55 Acres of Commercial Land Offered at $21,042,342 CAD in Wailuku, HI 96793

Investment Highlights

  • Archeological Preservation Plans completed and ready for development.
  • Electric, Water and Telephone have been subbed in to each of the 7 lots.
  • Property is sub-divided into 7 lots with Bylaws and Declarations already established.
  • All SEVEN Parcels are for sale.

Executive Summary

Outstanding conversion from Agricultural District to M-1 Light Industrial. Any use permitted in the M-1 Light Industrial District, excluding apartment houses, shall be permitted on 2.8 acres fronting East Waiko Road. For the remainder of the subject property, any use permitted in the M-1 Light Industrial District, excluding uses permitted in the B-1 Neighborhood Business District, B-2 Community Business District, or B-3 Central Business District, and excluding apartment houses, shall be permitted, except that dwelling units may be located above or below the first floor of a permitted use. Water, Electrical and Telephone subbed to each of the 7 lots. Condominium Declaration, Condo Map, Bylaws, and Archeological Preservation plan are completed. Please email agent for all questions.

Property Facts

Price $21,042,342 CAD
Sale Type Investment
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Industrial
Total Lot Size 8.55 AC

1 Lot Available

Lot 1-7

Price $21,042,342 CAD
Price Per AC $2,461,093 CAD
Lot Size 8.55 AC

Lot 1 - 1.589 Acres $3,115,000.00 Lot 2 - 1.201 Acres $2,355,000.00 Lot 3 - .997 Acres $1,955,000.00 Lot 4 - .765 Acres $1,725,000.00 Lot 5 - .782 Acres $1,533,000.00 Lot 6 - 1.043 Acres $2,045,000.00 Lot 7 - 1.080 Acres $2,117,000.00

Description

M-1 Light Industrial. Any use permitted in the M-1 Light Industrial District, excluding apartment houses, shall be permitted on 2.8 acres fronting East Waiko Road. For the remainder of the subject property, any use permitted in the M-1 Light Industrial District, excluding uses permitted in the B-1 Neighborhood Business District, B-2 Community Business District, or B-3 Central Business District, and excluding apartment houses, shall be permitted, except that dwelling units may be located above or below the first floor of a permitted use.

zoning

Zoning Code M-1 (M-1 Lt Industrial)
M-1 (M-1 Lt Industrial)
  • Listing ID: 33527200

  • Date on Market: 2024-10-15

  • Last Updated:

  • Address: 109 Waiko Rd, Wailuku, HI 96793

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